Sentences with phrase «killed by higher interest rates»
«The old adage is: «Bull markets don't die of old age, they are killed by higher interest rates.»
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More spending now, paid for by more government borrowing and higher debt, would lead directly to rising interest rates and falling international confidence that would kill off the recovery not support it.
If you have 20 - something percent interest rates and the interest is just killing you, then yes, by all means, attack those credit cards with the highest interest rates first.